845 Nugget Lane, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 4 bath

845 Nugget Lane, Palm Springs, California 92262 home-pic-0
ACTIVE$995,000
845 Nugget Lane, Palm Springs, California 92262
3Beds
4Baths
2,084Sqft
5,663Lot

Price Vs. Estimate

The estimated value ($995,000) is $0 (0%) lower than the list price ($995,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Design: Built in 2022, this property boasts a sleek, open-concept living space with soaring ceilings and designer finishes, offering contemporary luxury.
Top Cons:
High Association Fees: The property carries a significant monthly association fee of $530.00, which adds to the overall cost of ownership.

Compared to the nearby listings

Price:$995.0K vs avg $925.0K (+$70,000)58%
Size:2,084 sqft vs avg 2,096 sqft49%
Price/sqft:$477 vs avg $49046%

More Insights

Built in 2022 (3 years old).
Condition: This property was built in 2022, making it essentially brand new. The description highlights modern design, luxury finishes, a chef's kitchen with upgraded Bertazzoni appliances, and smart home features like paid solar and Tesla Powerwalls. The images confirm a pristine, contemporary aesthetic in the kitchen, bathrooms, and throughout the living spaces, with no visible signs of wear or deferred maintenance. All components meet current quality standards.
Year Built
2022
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$477
HOA
$530
Days on market
-
Sold On
-
MLS number
219133694DA
Home ConditionExcellent
Features
Excellent View: Desert, Hills, Mountain(s)
Pool
Spa
Patio
ViewDesert, Hills, Mountain(s)

About this home

*THE LARGEST YARD WITH THE BEST MOUNTAIN VIEWS CURRENTLY AVAILABLE* Modern design, luxury vibes, and serious income potential. This 3BD/4BA showstopper in Palm Springs' premier agrihood community, Miralon, delivers it all. Built in 2022, this short term rental friendly property is perfect for investors, part time desert dwellers, or anyone who loves a home that works as hard as it plays.With over 2,000 sq ft of sleek, open concept living space, soaring ceilings, and designer finishes, this home makes a bold impression. The chef's kitchen features upgraded Bertazzoni appliances, a gorgeous 11ft waterfall island, a wine fridge, and walk-in pantry. Ideal for entertaining or hosting top dollar vacation guests. Smart upgrades like motorized shades, paid solar, and two Tesla Powerwalls bring next level efficiency and peace of mind. Outside, your private saltwater spool, stunning mountain views, and sun drenched courtyard create the ultimate indoor/outdoor flow. Miralon offers unmatched amenities: resort style pools, a fitness and yoga studio, stylish modern clubhouse with bar and cafe, dog parks, walking trails, and community U-Pick gardens. All set within a guard gated, modern desert landscape surrounded by olive groves. Whether you're looking for a high performing short term rental, a weekend escape, or a full time residence with perks, this one delivers. Demand is strong! Don't miss your chance to own one of the best investment opportunities in Palm Springs.

Condition Rating
Excellent

This property was built in 2022, making it essentially brand new. The description highlights modern design, luxury finishes, a chef's kitchen with upgraded Bertazzoni appliances, and smart home features like paid solar and Tesla Powerwalls. The images confirm a pristine, contemporary aesthetic in the kitchen, bathrooms, and throughout the living spaces, with no visible signs of wear or deferred maintenance. All components meet current quality standards.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2022, this property boasts a sleek, open-concept living space with soaring ceilings and designer finishes, offering contemporary luxury.
Exceptional Investment Potential: The home is short-term rental friendly, making it ideal for investors or part-time desert dwellers seeking significant income potential in a high-demand market.
Premium Kitchen & Smart Home Features: Features a chef's kitchen with upgraded Bertazzoni appliances, an 11ft waterfall island, and a wine fridge, complemented by smart upgrades like paid solar, two Tesla Powerwalls, and motorized shades for efficiency and convenience.
Resort-Style Community Amenities: Located within the guard-gated Miralon agrihood, residents enjoy access to resort pools, a fitness/yoga studio, a modern clubhouse with a bar/cafe, dog parks, walking trails, and community U-Pick gardens.
Stunning Views & Private Outdoor Living: Offers the 'best mountain views currently available' from its private saltwater spool and sun-drenched courtyard, creating an ultimate indoor/outdoor flow.

Cons

High Association Fees: The property carries a significant monthly association fee of $530.00, which adds to the overall cost of ownership.
Short-Term Rental Management Overhead: While offering income potential, managing a short-term rental property requires considerable time, effort, or additional costs for property management services.
Relative Lot Size: Despite being advertised as having 'the largest yard currently available' within its specific context, the overall lot size of 5663 sqft may not be considered expansive by all buyers seeking a large private outdoor space.

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